NEW STUDY PREDICTS 5G TECHNOLOGY COULD BOOST UK ECONOMY BY UP TO £15.7BN BY 2025 N


ew research from Barclays Corporate Banking shows that


5G could supercharge the UK economy by up to £15.7bn per year by 2025 – but the opportunity could be missed because industry leaders still do not know enough about the benefits of investing in the technology. The report, 5G: A Transformative


Technology, analyses a series of potential scenarios that UK businesses could face when implementing 5G. Under an ‘optimistic scenario’, which anticipates an accelerated rollout of 5G and an enhanced uptake amongst UK businesses and consumers, the UK will see a £15.7bn increase in business


revenue by 2025. A slower-than- anticipated rollout and limited use would deliver around £8.3bn of added revenue to the UK, while the current pace of development added revenue would reach £13bn. The optimistic scenario could be a


reality for British businesses, as mobile providers are already beginning to introduce 5G capabilities on a large scale this year, including pilots underway in London, the Midlands, Edinburgh and Belfast. The Government is also supporting


5G by incorporating it into its industrial strategy, having pledged £1bn towards digital infrastructure. The bidding process for 5G licences,


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HANWELL: BREXIT STOCKPILING COULD INCREASE UK WASTE H


anwell Solutions, a manufacturer of wireless environmental monitoring


solutions, has warned food manufacturers and retailers that contingency planning in advance of Brexit could be counter-productive and lead to significant food waste. Fears of disruption to the food supply chain


through and after the Brexit process has led to a rush for warehouse space from companies keen to boost stocks of materials and goods. But with demand for suitable cold storage facilities at a peak, keeping temperature-sensitive products in the right conditions is challenging. Real-time monitoring of the environment in


which food is kept could save the day, in the event of incidents such as power cuts, fridge failures or doors left open. The uncertain British climate, which saw


temperatures of up to 19°C in February before dipping to below freezing overnight, can also have an adverse effect on stored food products – even canned goods.


Centralised environmental monitoring from


Hanwell will flag up compromised conditions for food, as well as pharmaceutical and healthcare products, especially essential in warehouses not normally used for this purpose. Whilst tinned food is expected to last for


years, most cans do carry storage guidelines such as ‘a cool dry place’. Accurate monitoring of environmental conditions for these goods provides an early-warning system that can help protect consumers and avoid spoilage. Hanwell’s UK commercial manager, Marcus


Stacey-Bradbury, pointed to the great British weather as another reason for businesses to ensure correct storage conditions, and compliance with regulations set by authorities like the Food Standards Agency (FSA). Stacey-Bradbury said: “We’re now in a cycle


where our weather system is heating up and cooling down and this will have an effect on goods stored even in an ambient temperature warehouse. Going from, say, 19°C down to -1 or


-2°C in a day means that you are cycling through temperatures that can contribute to the degrading of products, even tinned foods, without a doubt. “Then there are cheese manufacturers. They


store their product in a fridge or freezer environment. Temperatures in cool ambient areas need monitoring to make sure you are not getting large spikes of temperature in a short space of time. Not only do we monitor temperature, we also monitor humidity because that also has an effect on certain dairy products. “Can brands or retailers stockpiling goods in


emergency warehousing be absolutely sure that the optimum conditions for the products are being maintained 24/7?” Hanwell have introduced a smart app for


critical environment alerts at the touch of a button, from anywhere in the world, providing a clear and simple visual for multiple users on the go.


www.hanwell.com MARKET EXPERT: INDUSTRY HEADING FOR “REAL ISSUES” WITH RAW MATERIAL STORAGE D


espite Brexit uncertainty, food and beverage producers need to manage risks and strategically plan to guarantee productions levels now, claims a market expert from Dawsongroup Temperature Control Solutions (DGTCS). Michael Sansum, project development


manager at DGTCS, said: “The majority of my conversations with food and drink clients over the last few weeks have been about how they should react to Brexit uncertainty. My position is that there is still a need to mitigate risks, plan appropriately, and guarantee production now. “Despite there being a healthy supply of pallet spaces currently available in the UK and in


4


European ports for long term or ‘finished product’ storage, I believe there is going to be a real issue with raw material supply, commodity imports, and ‘short life’ product storage” if producers don’t take action.” Whilst food producers continue to focus on


expected issues around the supply of chilled and frozen raw materials, there is little consideration around raw material storage. Without the correct storage in place, there is likely to be serious production issues, and ultimately, the industry could fail. Sansum added: “Despite continued economic


uncertainty, many more manufacturers should be considering how they can increase orders to


ensure a good supply and improve their buying power with the correct temperature controlled facilities on site to provide ample storage or even allow production. “Partnering with the correct provider is key; a


company that can provide short term storage for fresh ingredients and the ability to offer solutions that can freeze or up-temper fresh produce in time for production. This type of investment means raw materials are ready at the right temperature, 24/7; this is highly valuable whatever the post-Brexit landscape, as well as removing additional distribution costs and any third-party handling costs.”


www.dgtcs.co.uk APRIL 2019 | FACTORY EQUIPMENT / FACTORYEQUIPMENT


meanwhile, opened to the telecoms industry last year. Accelerated rollout spells a positive


picture for regional growth, which would provide opportunities outside the usual technology hubs of London (£4.1bn increased business revenue) and the South East (£2.5bn). The North West (£1.4bn), East of England (£1.3bn) and the South West (£1.1bn) make up the rest of the top five. Scotland comes close to the South West, also at £1.1bn. The business areas set to see the


largest revenue increases are distribution (£3.6bn), manufacturing (£2bn), professional services (£1.1bn) and business services (£1bn). The


diverse range of sectors set to see a boost to revenue is a testament to the wide applications of 5G technology.The Barclays research revealed that 58 per cent of businesses are already benefitting from fast communications technology like 4G and ultrafast broadband. While awareness is low for some


sectors, the good news is that those industries with an understanding of 5G are already investing, or planning to invest, in the technology. The sectors planning investments into 5G technologies within their business are TMT, logistics, and manufacturing.


www.barclays.com


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